The Russian government has kept a stake of just over 50% in the company, which is seen as a symbol of the country's welcome of "responsible capitalism".
He said Labour needed to offer an economic alternative that met the twin challenges of boosting growth now through temporary tax cuts and investment in jobs and delivering reform over the longer term to build "responsible capitalism".
He added that Labour must offer an economic alternative which meets the twin challenges of boosting growth now through temporary tax cuts and investment in jobs and delivering reform over the longer term to build "responsible capitalism".
Recently, there have been a number of studies evaluating and championing the performance of responsible investment portfolios as an alternative to traditional notions of capitalism touted by Friedman.